Comment on Imagine if Amazon and all jobs out there were cooperatively owned?

Trainguyrom@reddthat.com ⁨18⁩ ⁨hours⁩ ago

I did the math recently and if you took the assets of the wealthiest 1% and divided only half of it amongst the remaining 336.3 million Americans it would be a check of approximately 68,000 for every man woman and child and those bloated blood sucking leaches would still have an average remainder of just under 6 million dollars each.

I think you’re math lost an order of magnitude somewhere in there. Quite a few billionaires increased their wealth by 10s of billions of dollars in 2024 alone. 336 million is a bit less than 1/3 of a billion. If you just took 1 billion dollars from Bezos for example, and distributed that to all Americans you’d have an economic disaster from the sudden shock of every single American becoming a multi-millionaire overnight and Bezos would still be wealthy as fuck and making more money in a day than anyone could dream of

Tax. the. rich. When billionaires can increase their wealth by hundreds of billions of dollars per year, there is no reason for anyone to be poor. Hell, lets imagine a conservative 30% tax on wealth gains over a billion dollars. That’s hundreds of billions of dollars pouring into the government. Universal healthcare, free university tuition, and UBI all paid for with plenty leftover for ambitious megaprojects like reconnecting the entire country to passenger rail services. Anyone who says the government can’t pay for shit that will help the 99% is ignoring the amount of wealth that exists.

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